TOP Ships Inc. (NASDAQ: TOPS) announced its financial results for the fourth quarter and the fiscal year ended December 31, 2009. For the fourth quarter of 2009, the company reported: -- A net loss of $35.9 million or $1.20 per share. The…
Adm. Thad W. Allen, Commandant of the Coast Guard, addressed the media aboard the Polar Class Icebreaker Polar Star, homeported in Seattle, Wash., as Lt. Cmdr. Jack W. Jackson the icebreaker's Commanding Officer observed during the Polar Star's reactivation March 10, 2010.
The ReCAAP Information Sharing Centre issued an incident alert stating that a chemical tanker anchored at night off southeast Malaysia was boarded by an unknown number of robbers, who stole some engine spare parts. Masters are reminded to maintain…
Crude Carriers Corp. announced that it has priced its initial public offering of 13,500,000 common shares at $19 per share. The underwriters have an option to purchase up to an additional 2,025,000 common shares to cover overallotments.Crude Carriers Corp…
On March 10, Aker Philadelphia Shipyard (Oslo: AKPS) launched Ship 013, the ninth product tanker in a series of 12 to be completed by 2011. The 46,000 dwt vessel was floated off of its blocks and was transferred by tug from the Building Dock to the Outfitting Dock…
Transocean Ltd. (NYSE:RIG) announced that the newbuild ultra-deepwater drillship Discoverer Inspiration has commenced operations for Chevron U.S.A. Inc., a wholly owned subsidiary of Chevron Corporation (NYSE:CVX), in the U.S. Gulf of Mexico under a five-year drilling contract…
One of the UK’s marine management and engineering solutions companies, Offshore Marine Management (OMM), has moved to new larger headquarters following a period of exceptional growth over the past 12 months. Despite the economic climate, OMM…
Fincantieri Cantieri Navali Italiani S.p.A. broke ground on March 11 for the expansion of its large erection building at Marinette Marine Corporation (MMC) as part of its continued investment in its United States shipyards. The ceremony marked…
The USS Fort McHenry arrived in Haiti Jan. 18, six days after the 7.0 magnitude earthquake struck the Caribbean nation. The Whidbey Island-class amphibious dock landing ship's Sailors and embarked Marines from the 22nd Marine Expeditionary Unit (MEU) provided critical medical…
McAllister Towing is moving from its legacy operations system to HELM, a maritime operations software system developed by Edoc Systems Group Ltd. HELM’s operations module will allow McAllister to streamline their dispatching and invoicing processes in their largest port: New York…
EU NAVFOR units operating in the Somali Basin, between the Seychelles and the Somali coast, have discovered more suspected pirate activity. In an area close to the disruption of five pirate attack groups by EU NAVFOR, EU NAVFOR German warship…
1942- The 172-foot tender CGC Acacia was en route from Curacao, Netherlands West Indies to Antigua, British West Indies, when she was sunk by shellfire from the German submarine U-161. The entire crew of Acacia was rescued. She was the only…
1943 - Numbered fleet system established1947 - Ensign John W. Lee becomes first African American officer commissioned in regular Navy. He was assigned to USS Kearsage.1957 - Airship ZPG-2 lands NAS Key West after 11 day non-stop flight…
Evergreen Line and China Shipping Container Lines (CSCL) will launch a new joint service, the China-Philippines-Thailand (CPT) Express Service effective mid-March. The new CPT service, which is expected to commence from Shanghai, will operate with three 2…
Varna Products, manufacturer of industrial oil & fuel pumps, announced the promotion of Mark Ashurst to Operations & Facility Manager. Ashurst has been with VARNA Products/Transportation Research Corp. for nine years in charge of production…
